Pimco Total Return ETF Plans Monthly Dividend of $0.40 (NYSEARCA:BOND)

Pimco Total Return ETF (NYSEARCA:BOND) declared a monthly dividend on Tuesday, December 30th. Investors of record on Wednesday, December 31st will be paid a dividend of 0.40 per share by the exchange traded fund on Monday, January 5th. This represents a c) dividend on an annualized basis and a yield of 5.1%. The ex-dividend date of this dividend is Wednesday, December 31st.

Pimco Total Return ETF Trading Down 0.5%

Shares of Pimco Total Return ETF stock traded down $0.46 during trading on Wednesday, hitting $93.26. 120,540 shares of the stock were exchanged, compared to its average volume of 350,668. The company has a fifty day moving average price of $93.57 and a 200-day moving average price of $92.80. The stock has a market capitalization of $6.25 billion, a price-to-earnings ratio of 1.60 and a beta of 0.27. Pimco Total Return ETF has a 1-year low of $88.95 and a 1-year high of $94.56.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Great Valley Advisor Group Inc. acquired a new position in shares of Pimco Total Return ETF in the second quarter valued at approximately $81,620,000. Heirloom Wealth Management bought a new stake in Pimco Total Return ETF in the 2nd quarter valued at $40,768,000. Thrivent Financial for Lutherans increased its position in Pimco Total Return ETF by 1,785.4% during the 3rd quarter. Thrivent Financial for Lutherans now owns 345,520 shares of the exchange traded fund’s stock worth $32,254,000 after buying an additional 327,194 shares during the period. Exchange Traded Concepts LLC acquired a new stake in shares of Pimco Total Return ETF during the second quarter worth $20,939,000. Finally, NewEdge Advisors LLC grew its stake in shares of Pimco Total Return ETF by 36.4% in the first quarter. NewEdge Advisors LLC now owns 830,789 shares of the exchange traded fund’s stock valued at $76,823,000 after acquiring an additional 221,707 shares in the last quarter.

About Pimco Total Return ETF

The PIMCO Active Bond Exchange-Traded Fund (BOND) is an exchange-traded fund that is based on the Barclays U.S. Aggregate index. The fund is an actively managed portfolio that aims to maintain a consistent level of dividend income by investing in a broad array of fixed income sectors and utilizing income efficient implementation strategies. BOND was launched on Mar 1, 2012 and is managed by PIMCO.